Confidential information sharing requires written lawful requests, consent safeguards, and assessment of commercial harm before disclosure.

Confidential information concerning regulated entities may be disclosed only upon a written request made for the lawful performance of the requesting authority's duties. The IFSCA must appoint a Custodian of Information, protect information received from other authorities, obtain the supplying authority's consent before further disclosure under an enforceable request, and resist disclosure where consent is withheld. Requests are assessed individually for shareability, confidentiality, proprietary character, commercial harm, competitive misuse, confidentiality safeguards and reciprocity, subject to overriding multilateral supervisory obligations.

---

---

---